First National Trust Co Reduces Position in Dominion Energy, Inc. (NYSE:D)

First National Trust Co decreased its holdings in Dominion Energy, Inc. (NYSE:D) by 26.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 31,138 shares of the utilities provider’s stock after selling 11,392 shares during the quarter. First National Trust Co’s holdings in Dominion Energy were worth $1,463,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Criterion Capital Advisors LLC purchased a new position in shares of Dominion Energy in the 4th quarter worth $29,000. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of Dominion Energy during the 4th quarter valued at about $30,000. Venturi Wealth Management LLC increased its position in shares of Dominion Energy by 84.5% during the 4th quarter. Venturi Wealth Management LLC now owns 677 shares of the utilities provider’s stock valued at $32,000 after purchasing an additional 310 shares during the last quarter. Janiczek Wealth Management LLC lifted its stake in shares of Dominion Energy by 20,100.0% in the 4th quarter. Janiczek Wealth Management LLC now owns 808 shares of the utilities provider’s stock worth $38,000 after purchasing an additional 804 shares during the period. Finally, Briaud Financial Planning Inc purchased a new position in shares of Dominion Energy in the third quarter worth approximately $36,000. Institutional investors own 73.04% of the company’s stock.

Insider Activity at Dominion Energy

In other Dominion Energy news, CEO Robert M. Blue purchased 21,735 shares of the stock in a transaction dated Monday, March 4th. The stock was purchased at an average price of $45.91 per share, with a total value of $997,853.85. Following the transaction, the chief executive officer now owns 176,240 shares of the company’s stock, valued at $8,091,178.40. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, Director Joseph M. Rigby acquired 2,130 shares of Dominion Energy stock in a transaction that occurred on Wednesday, March 6th. The stock was purchased at an average price of $46.94 per share, for a total transaction of $99,982.20. Following the purchase, the director now directly owns 8,417 shares in the company, valued at approximately $395,093.98. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Robert M. Blue bought 21,735 shares of the firm’s stock in a transaction that occurred on Monday, March 4th. The shares were purchased at an average cost of $45.91 per share, with a total value of $997,853.85. Following the transaction, the chief executive officer now directly owns 176,240 shares of the company’s stock, valued at $8,091,178.40. The disclosure for this purchase can be found here. 0.14% of the stock is currently owned by corporate insiders.

Dominion Energy Trading Up 0.5 %

Shares of NYSE:D traded up $0.24 during trading hours on Friday, hitting $51.40. 3,741,756 shares of the company’s stock traded hands, compared to its average volume of 4,113,876. The firm has a market capitalization of $43.05 billion, a P/E ratio of 26.49, a price-to-earnings-growth ratio of 3.43 and a beta of 0.59. The business has a fifty day moving average price of $48.67 and a 200-day moving average price of $46.68. Dominion Energy, Inc. has a 1 year low of $39.18 and a 1 year high of $57.27. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.04 and a quick ratio of 0.97.

Dominion Energy (NYSE:D) last released its earnings results on Thursday, May 2nd. The utilities provider reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.04. The business had revenue of $3.63 billion during the quarter, compared to the consensus estimate of $4.34 billion. Dominion Energy had a return on equity of 7.46% and a net margin of 11.57%. The business’s revenue for the quarter was down 6.5% compared to the same quarter last year. During the same period last year, the company earned $0.99 earnings per share. Equities analysts expect that Dominion Energy, Inc. will post 2.75 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently issued reports on D shares. Barclays cut their price objective on Dominion Energy from $50.00 to $49.00 and set an “overweight” rating for the company in a research note on Monday, April 15th. Wells Fargo & Company raised their price objective on shares of Dominion Energy from $51.00 to $55.00 and gave the company an “equal weight” rating in a research report on Friday. Mizuho lifted their target price on shares of Dominion Energy from $45.00 to $52.00 and gave the company a “neutral” rating in a research note on Friday. StockNews.com lowered Dominion Energy from a “hold” rating to a “sell” rating in a research note on Friday, February 23rd. Finally, Evercore ISI boosted their price objective on Dominion Energy from $47.00 to $53.00 and gave the company an “in-line” rating in a research report on Friday. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, Dominion Energy presently has an average rating of “Hold” and a consensus price target of $50.45.

Dominion Energy Profile

Dominion Energy, Inc produces and distributes energy in the United States. It operates through three operating segments: Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Energy. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to approximately 2.8 million residential, commercial, industrial, and governmental customers in Virginia and North Carolina.